Footnotes

Components may not add to totals due to rounding.

M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) traveler's checks of nonbank issuers; (3) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOW) and automatic transfer service (ATS) accounts at depository institutions, credit union share draft accounts, and demand deposits at thrift institutions. Seasonally adjusted M1 is constructed by summing currency, traveler's checks, demand deposits, and OCDs, each seasonally adjusted separately.

Footnotes

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.

Outstanding amount of U.S. dollar-denominated traveler's checks of nonbank issuers. Traveler's checks issued by depository institutions are included in demand deposits.

Demand deposits at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float.

NOW and ATS balances at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.

Footnotes

Components may not add to totals due to rounding.

Savings deposits include money market deposit accounts.

Small-denomination time deposits are those issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial banks and thrift institutions are subtracted from small time deposits.

Footnotes

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.

Outstanding amount of U.S. dollar-denominated traveler's checks of nonbank issuers. Traveler's checks issued by depository institutions are included in demand deposits.

Demand deposits at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float.

NOW and ATS balances at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.

Footnotes

Components may not add to totals due to rounding.

Savings deposits include money market deposit accounts.

Small-denomination time deposits are those issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial banks and thrift institutions are subtracted from small time deposits.

Footnotes

Other Memorandum Items (continued). Billions of dollars, not seasonally adjusted.

Date

U.S. government deposits

Demand deposits at
commercial banks
banks

Balance at Federal Reserve

Total cash balance

Time and savings
deposits at
commercial banks

Month

Dec. 2012

0.9

49.4

50.4

2.0

Jan. 2013

1.1

67.6

68.7

1.9

Feb. 2013

0.9

40.4

41.3

1.8

Mar. 2013

1.0

56.7

57.7

1.7

Apr. 2013

1.5

101.1

102.7

1.6

May 2013

1.0

71.1

72.1

1.7

June 2013

1.0

72.1

73.1

1.8

July 2013

1.1

74.3

75.4

1.8

Aug. 2013

1.1

51.4

52.5

1.9

Sept. 2013

1.1

40.3

41.3

1.9

Oct. 2013

1.2

37.8

39.0

1.8

Nov. 2013

1.1

43.7

44.8

1.7

Dec. 2013

1.2

68.3

69.5

1.6

Jan. 2014

1.3

93.1

94.3

1.5 e

Feb. 2014

1.3

48.5

49.8

1.5 e

Mar. 2014

1.0

78.2

79.2

1.5 e

Apr. 2014

1.2

82.5

83.7

1.5 e

Week ending

Mar. 17, 2014

1.1

67.5

68.6

Mar. 24, 2014

0.9

109.7

110.6

Mar. 31, 2014

1.1

93.6

94.7

Apr. 7, 2014

1.0

75.2

76.2

Apr. 14, 2014

1.1

44.7

45.7

Apr. 21, 2014

1.2

106.4

107.6

Apr. 28, 2014

1.5

93.4

94.9

May 5, 2014

1.1

98.2

99.3

May 12, 2014

1.1

79.1

80.2

Footnotes

e estimated

Note: Current and historical H.6 data are available each week on the Federal Reserve Board's website (http://www.federalreserve.gov/). Monthly data are available back to January 1959, and weekly data are available back to January 1975 for most series.